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Leidos and Analogic Form Security Tech Venture
Finance Yahoo·
Leidos Holdings is set to combine its security and industrial automation businesses with Analogic Corporation, a specialist in security imaging and detection, to form a new joint venture. This strategic combination involves Leidos contributing significant business units, including security enterprise solutions and ports & borders, representing approximately 1,500 employees and an estimated $625 million in projected 2026 revenue. Analogic, owned by Altaris, adds its expertise in areas like MRI and baggage screening.
Tags
acquisition
technology
Original Source
Finance Yahoo — finance.yahoo.com